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Lincoln County trustees accept clean fiscal-year audit, approve field trips and consent items
Summary
The school board accepted the district’s FY2024 audit noting strong general-fund balances and no current-year statutory compliance findings, and approved two student trips plus routine consent items at its Nov. 13 meeting.
The Lincoln County School District Board of Trustees accepted the district’s fiscal‑year 2024 audit and approved several routine items at its Nov. 13 regular meeting.
External auditor Dan McArthur presented the annual audit, telling trustees the financial statements “present fairly” and that the audit disclosed no current‑year violations of statute. He highlighted key figures including pooled cash and investments of roughly $9 million, net capital assets of about $16 million and a depreciation expense of $782,000. McArthur noted an actuarial pension‑related accounting liability reported near $17 million and a retiree‑insurance estimate of about $3.3 million, both required by governmental accounting standards; he emphasized that, under state law, the district’s statutory pension obligations are satisfied through monthly contributions to the state system.
McArthur said the general fund balance improved year over year to approximately $3,178,000, and he described stable food-service and special-education fund positions. The audit included discussion of SB 231 funding, which McArthur characterized as a temporary state supplement for staff pay that is not guaranteed beyond the current allocation.
Following the presentation Trustee Patrick Kelley moved to approve the 2024 audit; Trustee Ann Smith seconded and the motion carried.
In separate votes the board approved two student field trips: a Pahranagat Valley Elementary overnight SeaWorld trip (April 2–3, 2025) that includes two buses and an educational behind‑the‑scenes component, and a Pahranagat Valley High School physics trip to California Adventure on Dec. 18, 2024, that pairs an educational engineering session with park activities. Both motions carried after brief principal presentations.
Trustees also approved routine business including the Oct. 16 regular meeting minutes, payment of bills, the first‑quarter bullying report and an immunization request under the consent agenda.
The audit and approvals concluded before the board moved on to policy and personnel matters and the superintendent’s report. The board adjourned at 7:42 p.m.
